Happy March, everyone! As always, I hope your year has been good to you so far and have promising days ahead. The featured article for this month is how home ownership is your best bet against inflation, a conversation everyone has been having this year. Beyond being a safe investment, there are many benefits to owning your home. Curious about home ownership or how your home may have increased in value over the years? Don’t hesitate to email me – I’ll be happy to chat!
Market Update| March 2023
Market Insights by DMAR:
• Denver’s paint season is fairly short, and project demand picks up substantially after St. Patrick’s Day as the weather gets warmer. Connect with painting companies now to gather bids and schedule radon screens before they book up for the season. • While some have begun to slow down, most developers and their contractors appear to be as busy as ever. • According to the American Society of Interior Designers, homeowners are increasingly interested in interiors that make use of colors, lighting, and natural materials as well as the introduction of dedicated areas for wellness activities like yoga or meditation. • Average active listings for February are 12,905 (19-85 – 2022). • Record-high February was 2006 with 25,484 listings and the record-low was set last year with 1,226 listings. • The historical average increase in active listings from January to February is 0.53 percent. A decrease of 8.30 percent this February represents the second largest percentage decrease since 2021’s 12.61 percent.
Featured Local Business| Denver
Featured this month is Frascona, Joiiner, Goodman & Greenstein, P.C. As a leading firm in Colorado, Frascona, Joiner, Goodman & Greenstein, P.C. specializes in business law, real estate law, civil litigation, estate planning, divorce and family law, and so much more. Michael A. Smeenk, Esq., has been with the firm since 2007 and has been a trusted source of information, advice, and services. He can be reached at mike@frascona.com or 303-494-3000 – tell him Mark sent you!
If you’d like your business to be featured in a future Newsletter, give me a call or email!
Local Events| Denver
Discover the best camps and experiences that are happening all around Colorado this summer! 5280 has put together a great list of camps, programs, and experiences that you may not be aware of in Colorado! Check the list HERE.
Real estate questions? Wondering how the market looks at the moment? Just want to say hello? Don’t hesitate to call me – I’d love to chat! Don’t forget to follow me on social media – click on the links below!
